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Cyber attack is once again the top threat perceived by businesses, according to the latest Horizon Scan Report, published by the Business Continuity Institute (BCI) in association with BSI (British Standards Institution).
In 2016 global supply chains continued to face a range of security, social responsibility, and business continuity risks, with many of these issues provoked by one another, according to BSI's Global Supply Chain Intelligence Report.
Switzerland, Luxembourg and Sweden are the three countries most resilient to the pressures of the 21st century according to the 2017 FM Global Resilience Index, with Nepal, Venezuela and Haiti making up the bottom three on their list.
One way to effectively build and maintain organizational resilience on an enterprise level is creating a cyber security program that repels and recovers from cyber attacks, following the Four Rs of Resilience: Robustness, Redundancy, Resourcefulness, and Rapidity. For our purposes with regards to WannaCry, let’s focus on just two factors: Robustness and Redundancy.
Last week's ransomware attack, which affected 200,000 computer systems in 150 countries and crippled hospitals across the United Kingdom, is a frightening reminder of how much damage can be done by this type of malicious cyber attack. However, a new survey reveals that most people are ill equipped to deal with such an attack.
In a new paper published by the Business Continuity Institute – Building resilience by improving cyber security – it is revealed that several activities which many of us perform out of habit could be making our organizations more vulnerable to the cyber threat, and identifies six simple steps that each of us can take to help improve security.
As business enters the digital age, cyber resilience must become a regular agenda item for boards and excos. Nobody can identify and prepare for all the risks that threaten ICT systems, so it is essential that security and risk mitigation measures are part of a wider programme to ensure that the organisation can detect a cyber attack, respond appropriately and recover operational functionality.
“Maybe you are busy looking for a way to recover your files but do not waste your time. Nobody can recover your files without our decryption service”. This is what users infected by the WannaCry virus read on their screens having accidentally let the malware in.
Despite the Wanna Decryptor ransomware attack affecting a reported 200,000 systems across over 150 countries, and despite the tales of disaster we are reading about in the media, the encouraging news from many organizations is that their business continuity process is preventing a disruption from turning into a crisis.
NHS services across England have been hit by an IT failure caused by a significant cyber attack, with Trusts and hospitals in London, Blackburn, Nottingham, Cumbria and Hertfordshire all affected. Some GP surgeries have shut down their phone and IT systems while Accident and Emergency Departments have told people not to attend unless it is a real emergency.
The Business Continuity Institute (BCI) is the world’s leading institute for Business Continuity. Established in 1994, the BCI has established itself as the leading membership and certifying organization for Business Continuity (BC) professionals worldwide. The BCI offers a wide range of resources for business professionals concerned... Show more
The Business Continuity Institute (BCI) is the world’s leading institute for Business Continuity. Established in 1994, the BCI has established itself as the leading membership and certifying organization for Business Continuity (BC) professionals worldwide. The BCI offers a wide range of resources for business professionals concerned with raising levels of resilience within their organization or considering a career in business continuity.
With circa 8,000 members in more than 100 countries worldwide, working in in an estimated 3,000 organizations in private, public and third sectors, the BCI truly is the world’s leading institute for business continuity.
The BCI stands for excellence in the business continuity profession and its Statutory grades provide assurance of technical and professional competency in BC.
The BCI Partnership, through corporate membership, offers organizations the opportunity to work with the BCI to promote best practice in business continuity and to raise their corporate profile in the global BC arena. The BCI Corporate Partnership currently has approximately 120 Partners worldwide.
The BCI seeks to promote and facilitate the adoption of good business continuity practice worldwide by:
Raising standards in business continuity
Undertaking industry research
Driving thought leadership in business continuity
Facilitating the sharing of best practice in business continuity
Training and certifying BC professionals
Raising the value of the BC profession
Developing the business case for business continuity